Best Business Schools by Graduate Salary & ROI (2026)

242 schools ranked by DegreeOutlook Score · Updated 2026

These are the top schools offering Business, ranked by DegreeOutlook Score. The score combines graduate earnings, AI automation resilience, job market demand, and return on tuition investment. The average Business graduate earns $48,212/yr across 242 schools.

What do Business graduates do? See career paths and salaries →

Why Indiana's Kelley School Delivers Elite Outcomes at a Public Price

Indiana University-Bloomington clinches the #1 spot by combining the powerhouse reputation of its Kelley School of Business with a public university price tag. Kelley has exceptionally deep recruiting pipelines with major corporations across the Midwest and the nation, especially in finance and supply chain. This access to elite jobs, which produces $71,100 average earnings, combined with relatively affordable tuition, is what generates its stellar 21.4x return on investment and top ranking.

Don't Chase Prestige: How UT Austin Out-Earns NYU for a Fraction of the Cost

The data reveals a classic value trap. While New York University ranks #10, its graduates are out-earned by those from #13 The University of Texas at Austin, who pull in an average of $94,041—the highest salary in our entire ranking. UT Austin's deep integration with the city's booming tech and business sectors delivers elite paychecks, while its public tuition results in a strong 19.1x ROI. NYU's astronomical cost, by contrast, yields a meager 4.7x ROI, proving that a higher rank doesn't always mean a better financial decision.

The Public University Advantage: Why State Schools Dominate Business

It's not an accident that 18 of our top 20 programs are at public universities. This ranking's focus on outcomes versus cost means that for a general business degree, state schools offer an unbeatable value proposition. Large, well-funded public business schools provide massive alumni networks and attract a wide range of corporate recruiters, delivering powerful career results—like a 26.6x ROI at the University of Houston-Clear Lake—without the debt burden of their private counterparts.

AI Won't Take Your Job, It Will Redefine It

The 49.4% AI task exposure across this field doesn’t mean your job is at risk; it means the boring parts will be automated. AI will handle the grunt work of pulling sales data, generating weekly reports, and performing initial budget analysis. Your value will shift from doing these tasks to interpreting the AI's output, persuading colleagues, spotting the strategic trends the machine misses, and leading your team to act on those insights—skills that are uniquely human.

Programs Ranked
242
Avg Earnings
$48,212/yr
Avg DW Score
62/100
AI Risk
High
49% task exposure

All Business Programs Ranked

Click any row for full AI scenario analysis, earnings projections, and career path breakdown.

# School DW Score Earnings ROI
1 Indiana University-Bloomington
Bloomington, IN · Public
84
80–84
$71,100/yr 21.4x
2 CUNY Graduate School and University Center
New York, NY · Public
81
76–81
$65,520/yr 24.6x
3 University of Houston-Clear Lake
Houston, TX · Public
81
76–81
$56,494/yr 26.6x
4 Bellevue University
Bellevue, NE · Private nonprofit
77
72–77
$58,128/yr 18.5x
5 Empire State University
Saratoga Springs, NY · Public
77
72–78
$57,225/yr 21.2x
6 University of Baltimore
Baltimore, MD · Public
75
70–76
$52,329/yr 17.3x
7 University of Missouri-Columbia
Columbia, MO · Public
75
70–76
$55,999/yr 13.3x
8 Indiana University-East
Richmond, IN · Public
74
69–74
$54,860/yr 17.8x
9 Montana State University
Bozeman, MT · Public
74
69–75
$48,164/yr 20.1x
10 New York University
New York, NY · Private nonprofit
74
71–75
$77,828/yr 4.7x
11 Wright State University-Lake Campus
Celina, OH · Public
74
69–75
$46,523/yr 21.9x
12 Tarleton State University
Stephenville, TX · Public
74
69–75
$49,471/yr 20.2x
13 The University of Texas at Austin
Austin, TX · Public
74
71–75
$94,041/yr 19.1x
14 California State University-San Marcos
San Marcos, CA · Public
74
69–74
$46,958/yr 21.1x
15 University of Central Florida
Orlando, FL · Public
73
69–74
$45,050/yr 25.2x
16 Florida State University
Tallahassee, FL · Public
73
68–74
$47,342/yr 26.0x
17 Indiana University-Indianapolis
Indianapolis, IN · Public
73
68–74
$52,467/yr 15.1x
18 University of Houston-Downtown
Houston, TX · Public
73
68–73
$47,469/yr 19.7x
19 University of Wisconsin-Whitewater
Whitewater, WI · Public
73
68–74
$49,965/yr 18.3x
20 University of Wisconsin-Parkside
Kenosha, WI · Public
73
68–73
$45,679/yr 20.2x
21 Northeastern Illinois University
Chicago, IL · Public
72
68–73
$45,015/yr 15.1x
22 Indiana University-South Bend
South Bend, IN · Public
72
67–72
$48,238/yr 17.7x
23 Kansas State University
Manhattan, KS · Public
72
67–73
$54,223/yr 13.7x
24 Ohio State University-Lima Campus
Lima, OH · Public
72
67–73
$48,597/yr 16.6x
25 Ohio State University-Mansfield Campus
Mansfield, OH · Public
72
67–73
$48,597/yr 16.6x
26 Ohio State University-Marion Campus
Marion, OH · Public
72
67–73
$48,597/yr 16.6x
27 Ohio State University-Newark Campus
Newark, OH · Public
72
67–73
$48,597/yr 16.6x
28 University of South Florida
Tampa, FL · Public
71
67–72
$45,357/yr 22.3x
29 Indiana University-Southeast
New Albany, IN · Public
71
66–72
$47,862/yr 17.6x
30 University of Kansas
Lawrence, KS · Public
71
66–71
$49,339/yr 13.4x
31 Northeastern University
Boston, MA · Private nonprofit
71
67–72
$74,868/yr 3.4x
32 Oakland University
Rochester Hills, MI · Public
71
66–71
$56,118/yr 10.8x
33 University of Nevada-Reno
Reno, NV · Public
71
66–72
$45,630/yr 17.0x
34 Wake Forest University
Winston-Salem, NC · Private nonprofit
71
67–71
$76,722/yr 3.1x
35 Wright State University-Main Campus
Dayton, OH · Public
71
66–71
$46,523/yr 14.4x
36 Trinity International University-Illinois
Deerfield, IL · Private nonprofit
70
66–71
$47,463/yr 13.2x
37 University of Kentucky
Lexington, KY · Public
70
65–70
$49,431/yr 12.0x
38 Northern Kentucky University
Highland Heights, KY · Public
70
66–71
$48,654/yr 14.0x
39 University of Oregon
Eugene, OR · Public
70
65–71
$46,897/yr 11.7x
40 The University of Texas at Dallas
Richardson, TX · Public
70
64–70
$51,060/yr 11.0x
41 West Texas A & M University
Canyon, TX · Public
70
65–70
$43,167/yr 17.0x
42 West Virginia University Institute of Technology
Beckley, WV · Public
70
66–71
$42,298/yr 19.8x
43 University of Wisconsin-Milwaukee
Milwaukee, WI · Public
70
65–70
$45,570/yr 15.1x
44 Strayer University-District of Columbia
Washington, DC · Private for-profit
69
64–70
$55,431/yr 10.6x
45 Boise State University
Boise, ID · Public
69
64–69
$45,318/yr 16.0x
46 Purdue University Fort Wayne
Fort Wayne, IN · Public
69
65–70
$46,950/yr 15.4x
47 Montana State University Billings
Billings, MT · Public
69
65–70
$44,082/yr 20.3x
48 University of Houston-Victoria
Victoria, TX · Public
69
65–70
$43,691/yr 18.7x
49 University of North Texas
Denton, TX · Public
69
65–70
$45,122/yr 14.1x
50 Strayer University-Virginia
Arlington, VA · Private for-profit
69
64–70
$55,431/yr 10.6x

Scores calculated using College Scorecard, BLS, and AI task-exposure data. See full methodology →

Frequently Asked Questions

What is the best school for Business?
Based on our DegreeOutlook Score, Indiana University-Bloomington ranks #1 for Business with a score of 84/100 and graduate earnings of $71,100/yr.
How much do Business graduates earn?
Across 242 schools, Business graduates earn an average of $48,212/yr in their first year. The highest-earning program reports $94,041/yr.
Is Business a good major for AI resistance?
Business has an average AI task exposure of 49%, rated "High". This field has moderate AI exposure — some career paths are more resilient than others.

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